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Australia extended sanctions on imports from Russia for two years

Sep 26, 2023

The Australian government has extended sanctions on Russian and Belarusian goods, which will be subject to increased duties until October 2025.

This is reported with reference to the statement of Australian Foreign Minister Penny Wong.

"The additional 35 per cent tariff on Russian imports was first introduced in April 2022. Together with the prohibition on gold and energy imports, it has had a significant impact on trade between our countries," the statement said.

According to Wong, Australia is working closely with international partners to make Russia pay the costs through targeted sanctions and trade measures that reduce Russia's ability to finance its illegal and immoral war in Ukraine.

It is worth noting that Australia is one of the largest non-NATO countries providing aid, ammunition, and defense equipment to Ukraine.

Author – Anastasiya Glotova, 26/09/2023

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